50835 Benton, IA is a small town located in the Marshall County of Iowa, and is home to several local companies, employers and services. The cost of living in Benton is very affordable. The average rent for a 2 bedroom apartment in this area is $770, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Benton is 94 as compared to 100 in the US. Businesses in Benton include Schulte's Foods Inc., P & L Services Inc., Fucinari Electric Co., plus many more. In terms of employment opportunities, Benton offers positions at Cargill Meat Solutions Corporation and Gladwin Machining LLC. There are also numerous services available locally such as retail stores, pharmacies and banks.
Benton (zip 50835) has an unemployment rate of 3.2%. The US average is 6.0%.
Benton (zip 50835) has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 25.3%, which is lower than the US average of 33.5%.
Tax Rates for Benton (zip 50835)
- The Sales Tax Rate for Benton (zip 50835) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Benton (zip 50835) is 9.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Benton (zip 50835)
- The average income of a Benton (zip 50835) resident is $31,454 a year. The US average is $37,638 a year.
- The Median household income of a Benton (zip 50835) resident is $47,500 a year. The US average is $69,021 a year.